In his latest article, Pinpon’s loyalty chef Mike analyzes data from Visa to show how simple tactics can send loyalty to your business skyrocketing—along with the income, of course.
Quick Take
• Create a unique purchase experience for your customers, make them feel valued
• Go digital, bring your loyalty program on-line
• Think outside the standard-loyalty-mechanics box. It’s essential to stand out from your competition
• Organize your team’s work in such a way that high-quality customer care becomes the core principle. Motivate your teammates towards achieving that level, allow more flexibility
• Partner with financial organizations and collaborate with others
• Interact with your clients off-line. This format has been largely overtaken recently, but don’t neglect it (if possible)
Learn More »
Quick Take
• Create a unique purchase experience for your customers, make them feel valued
• Go digital, bring your loyalty program on-line
• Think outside the standard-loyalty-mechanics box. It’s essential to stand out from your competition
• Organize your team’s work in such a way that high-quality customer care becomes the core principle. Motivate your teammates towards achieving that level, allow more flexibility
• Partner with financial organizations and collaborate with others
• Interact with your clients off-line. This format has been largely overtaken recently, but don’t neglect it (if possible)
Learn More »
Medium
How to Boost Customer Loyalty (2021)
What does the future hold, according to the research co-conducted by one of the world’s largest payment processors?
Minter has joined hands with Pinpon to run a promo campaign for the upcoming Minter Hub chain and its native digital token HUB (what’s this?).
The prize pool is 100,000 BIP.
Four simple polls will be posted within one week. To maximize your chances of winning, take part in all of them.
Ten winners will be selected randomly on blockchain. All participants have an equal chance to win, no matter the answers they choose (then again: the more polls you complete, the more likely you are to become one of the lucky ten).
Question #1 is ready for you. Let’s get it started!
Answer Now »
When will the winners be announced?
⏰ December 4, 2020 @ 12:00 p.m. UTC
Are there any extra steps I need to take?
📨 No. Just follow the link, pick the option that applies to you, and confirm your e-mail address. That’s it!
P.S. Check your spam folder if it doesn’t arrive in your inbox.
The prize pool is 100,000 BIP.
Four simple polls will be posted within one week. To maximize your chances of winning, take part in all of them.
Ten winners will be selected randomly on blockchain. All participants have an equal chance to win, no matter the answers they choose (then again: the more polls you complete, the more likely you are to become one of the lucky ten).
Question #1 is ready for you. Let’s get it started!
Answer Now »
When will the winners be announced?
⏰ December 4, 2020 @ 12:00 p.m. UTC
Are there any extra steps I need to take?
📨 No. Just follow the link, pick the option that applies to you, and confirm your e-mail address. That’s it!
P.S. Check your spam folder if it doesn’t arrive in your inbox.
🏓 Last month, debut promos went live on Pinpon.io, the first massive product for businesses and regular people alike that’s built atop Minter blockchain. Meanwhile, the team has been updating and improving all services and started working on Minter 2.0. For more info, check out our latest round-up.
And don’t forget to clap! 👏🏻
And don’t forget to clap! 👏🏻
Medium
Minter’s Month in Review —November 2020
This past month, we were waiting for the iOS version of the wallet to get released, and it finally did! We even ate an apple pie in…
Last but not least: Question #4.
Go to final poll »
Friendly reminder: the more answers, the more chances to win.
Go to final poll »
Friendly reminder: the more answers, the more chances to win.
🏓 Pinpon: How to Launch Promos & Set up Interactions
Pinpon lets brands start promo campaigns and reward their users for being involved through various interaction formats.
The platform brings tech, blockchain’s transparency, and brands’ interaction with the audience into a single space. To better understand how it works in real life, here’s a step-by-step look at how to launch a campaign.
✏️ Learn More Now ››
Pinpon lets brands start promo campaigns and reward their users for being involved through various interaction formats.
The platform brings tech, blockchain’s transparency, and brands’ interaction with the audience into a single space. To better understand how it works in real life, here’s a step-by-step look at how to launch a campaign.
✏️ Learn More Now ››
Medium
How to Launch a Promo & Set up an Interaction with Pinpon
This is the first introductory article in a series about the Pinpon platform and opportunities it empowers brands with.
The results are in! Check if you were lucky (or active) enough here: https://www.pinpon.io/promo/086553.
Forwarded from – Гордеев, что с криптой?
I need your help!
https://medium.com/gromorg/wanted-global-brands-ready-to-take-consumer-loyalty-to-the-next-level-132782ad4319
https://medium.com/gromorg/wanted-global-brands-ready-to-take-consumer-loyalty-to-the-next-level-132782ad4319
Medium
Wanted: Global Brands Ready to Take Consumer Loyalty to the Next Level
TL;DR Very soon, consumers will be able to swap tokenized loyalty points and rewards of major brands in a single tap.
Forwarded from – Гордеев, что с криптой?
Last night Minter Network has delivered 7 262 785 transactions, 99% of which in less than a 5-seconds block. Some blocks handled over 6000 recipients at once – over 1000 per second on a public blockchain!
Minter is ready for a mass-adoption use cases, focusing on the loyalty points and rewards markets.
Minter is ready for a mass-adoption use cases, focusing on the loyalty points and rewards markets.
Minter Network Updated to Version 1.2.1
A few days ago, validators decided to update to a new version at block height 1,185,600. It had been developed and tested for the last two months.
Major technical features are described in a separate post on the dev channel. In short, there are two important points:
– Current network fees have increased 100 times, meaning rewards that validators and delegators get on their stakes grew as well. It’s entirely a market solution that still preserves Minter’s most attractive offer for businesses: transfers at less than $0.01;
– This network is ready for mass adoption. At the peak load, it successfully processed millions of transactions that involved custom coins.
The best-performing blocks had more than 6,000 receivers each, making Minter one of the fastest public blockchains in the world. To compare, the Ethereum network would take 400 (instead of 5) seconds for the same number of transactions.
Updates are a planned part of Minter’s roadmap to meeting the real-world needs of businesses and their customers.
Results of the recent stress test also provide us with a good PR opportunity. We will submit a modified proposal to Reddit and other brands with the proof of our dominance. More details will follow on our official Medium account in the coming days.
A few days ago, validators decided to update to a new version at block height 1,185,600. It had been developed and tested for the last two months.
Major technical features are described in a separate post on the dev channel. In short, there are two important points:
– Current network fees have increased 100 times, meaning rewards that validators and delegators get on their stakes grew as well. It’s entirely a market solution that still preserves Minter’s most attractive offer for businesses: transfers at less than $0.01;
– This network is ready for mass adoption. At the peak load, it successfully processed millions of transactions that involved custom coins.
The best-performing blocks had more than 6,000 receivers each, making Minter one of the fastest public blockchains in the world. To compare, the Ethereum network would take 400 (instead of 5) seconds for the same number of transactions.
Updates are a planned part of Minter’s roadmap to meeting the real-world needs of businesses and their customers.
Results of the recent stress test also provide us with a good PR opportunity. We will submit a modified proposal to Reddit and other brands with the proof of our dominance. More details will follow on our official Medium account in the coming days.
As promised, we have changed and re-submitted our proposal for Reddit. It now includes the most recent data on how Minter is used in real life.
https://medium.com/@MinterTeam/announcement-re-mass-adoption-6c23a829c61
Quick Numbers
• Daily transfers: 7,262,785
• Average block time: ~5 sec.
• Max. receivers per block: 10,100
• Max. transactions per second: 2,186
https://medium.com/@MinterTeam/announcement-re-mass-adoption-6c23a829c61
Quick Numbers
• Daily transfers: 7,262,785
• Average block time: ~5 sec.
• Max. receivers per block: 10,100
• Max. transactions per second: 2,186
Medium
Announcement Re: Mass Adoption
Dear/all,
Forwarded from Minter Dev Notifications
Hi, everyone! Daniil Lashin here.
As 2020 nears its end, I’ve got some great news to share. Today is a very special day because we’re launching a public demo of Minter Hub. Hub is the next step in building the Internet of Money. It will interconnect Minter with other leading networks, starting with Ethereum.
You’ll be able to transfer literally any coin from Ethereum right to your BIP Wallet. They are: the ETH itself, stablecoins (USDT, USDC, …), wrapped BTC, tokenized assets (shares of companies, etc.), DeFi coins, and others.
More detail: https://daniillashin.medium.com/e06f4efca51d
As 2020 nears its end, I’ve got some great news to share. Today is a very special day because we’re launching a public demo of Minter Hub. Hub is the next step in building the Internet of Money. It will interconnect Minter with other leading networks, starting with Ethereum.
You’ll be able to transfer literally any coin from Ethereum right to your BIP Wallet. They are: the ETH itself, stablecoins (USDT, USDC, …), wrapped BTC, tokenized assets (shares of companies, etc.), DeFi coins, and others.
More detail: https://daniillashin.medium.com/e06f4efca51d
Medium
Minter Hub
Minter Hub public demo announcement.
2020 was a good year for Minter. And the live proof that our network can deliver over 10 million transfers every day was a great finishing touch. We found our niche market and have started conquering it. Already now, we have three products that cover almost all possible use cases for loyalty points and rewards you could ever imagine.
https://medium.com/@MinterTeam/can-your-public-blockchain-handle-over-10-million-transactions-a-day-minter-can-da0e0af701e9
The corona crisis has shown that true loyalty is priceless. And it’s much easier when you don’t have to worry about the price of building it because Minter makes it more than affordable. The speed (five seconds on Minter) is also important—no one will wait tens of minutes or even hours to spend their loyalty points and rewards at the checkout.
https://medium.com/@MinterTeam/can-your-public-blockchain-handle-over-10-million-transactions-a-day-minter-can-da0e0af701e9
The corona crisis has shown that true loyalty is priceless. And it’s much easier when you don’t have to worry about the price of building it because Minter makes it more than affordable. The speed (five seconds on Minter) is also important—no one will wait tens of minutes or even hours to spend their loyalty points and rewards at the checkout.
Medium
Can your public blockchain handle over 10 million transactions a day? Minter can!
Our recap of 2020. A non-chronological look at how the ideology and vision of Minter evolved while the whole planet was in quarantine.
🎄 Dear friends,
We wish you a happy new year and here's to 2021! Obviously, last year wasn't the best year, but it taught us a lot. For example, to post monthly community updates! The latest one from Minter team is already up on Medium.
And don’t forget to hit that clap button 50 times! 👏🏻
We wish you a happy new year and here's to 2021! Obviously, last year wasn't the best year, but it taught us a lot. For example, to post monthly community updates! The latest one from Minter team is already up on Medium.
And don’t forget to hit that clap button 50 times! 👏🏻
Medium
Minter’s Month in Review — December 2020
This past month was the icing on the cake of a troubled year. Our network withstood significant loads, upgraded, and moved closer than…
Forwarded from Minter Dev Notifications
🚀 First Cross-Chain Transfers on Minter Mainnet!
Yesterday, as part of Minter Hub testing, the first transfers were sent from Minter to Ethereum and the other way around. It was the first step to launching a full-fledged Internet of Money that will allow to buy and sell any digital asset right within BIP Wallet. It will also let you create coins and loyalty points—traded against USDT, BTC, ETH, BIP, and any other asset by default—in minutes. Sending any mirrored coin (USDT, wBTC, wETH) will take minimum fees and a confirmation time of about five seconds.
Ethereum -> Minter:
1. Send
2. Receive
Minter -> Ethereum:
1. Send
2. Receive
With Minter Hub, you’ll be able to transfer literally any coin from Ethereum to Minter. They are: the ETH itself, stablecoins (USDT, USDC, …), wrapped BTC, tokenized assets (shares of companies, etc.), DeFi coins, and others. Minter Hub validators will get 1% on the fees charged for moving coins from Minter to Ethereum and vice versa.
When running tests, we used the LASHIN coin, for which we issued an ERC-20 token on Ethereum. This clearly shows that mirroring can be done on either of the networks. Transfer of LASHIN and CHAIN from Minter to Ethereum and the other way around will be available to everyone once the UI development is finished. For these coins, the pairs will be launched on the Uniswap protocol, meaning anyone will be able to exchange them for USDT in a completely decentralized way.
For making these transfers happen, Minter Hub validators got 1% of the fees. The fee for sending transactions to Ethereum will be paid by the user separately (this functionality is underway).
A few technicalities
Minter Hub is based on Cosmos SDK and a modified Peggy solution that’s developed by the Cosmos team.
Minter Hub is supported by validators, here’s what they launch on their servers:
- Minter node
- Ethereum node
- Minter Hub node
- Ethereum Orchestrator, software that monitors the events on the Ethereum network and broadcasts them onto Minter Hub. It’s also responsible for sending withdrawal transactions to Ethereum.
- Minter Orchestrator, software that monitors the events on the Minter network and broadcasts them onto Minter Hub. It’s also responsible for sending withdrawal transactions to Minter.
Mirrored coins are locked on the MultiSig accounts of Minter Hub validators up until they are requested to be withdrawn.
Why is this one of the most important milestones in Minter’s history?
1. Minter becomes the easiest way to enter the crypto space. Fast and cheap transfers for most digital assets, interfaces that are easy to understand.
2. The bigger number of transactions and bigger gains for validators and delegators. With the arrival of Minter 2.0, the fees will be adjusted to the market, meaning that returns from the fees might surpass those from generating new blocks.
3. BIP holders get an opportunity to benefit from the exchange operations inside Minter carried out via the Uniswap protocol.
4. HUB holders get 1% on the fees charged for transferring coins from Ethereum to Minter and vice versa.
5. Last but not least: all Minter-powered coins become exchangeable with USDT, ETH, BTC, and other digital assets. All that in five seconds and at super-low fees.
Yesterday, as part of Minter Hub testing, the first transfers were sent from Minter to Ethereum and the other way around. It was the first step to launching a full-fledged Internet of Money that will allow to buy and sell any digital asset right within BIP Wallet. It will also let you create coins and loyalty points—traded against USDT, BTC, ETH, BIP, and any other asset by default—in minutes. Sending any mirrored coin (USDT, wBTC, wETH) will take minimum fees and a confirmation time of about five seconds.
Ethereum -> Minter:
1. Send
2. Receive
Minter -> Ethereum:
1. Send
2. Receive
With Minter Hub, you’ll be able to transfer literally any coin from Ethereum to Minter. They are: the ETH itself, stablecoins (USDT, USDC, …), wrapped BTC, tokenized assets (shares of companies, etc.), DeFi coins, and others. Minter Hub validators will get 1% on the fees charged for moving coins from Minter to Ethereum and vice versa.
When running tests, we used the LASHIN coin, for which we issued an ERC-20 token on Ethereum. This clearly shows that mirroring can be done on either of the networks. Transfer of LASHIN and CHAIN from Minter to Ethereum and the other way around will be available to everyone once the UI development is finished. For these coins, the pairs will be launched on the Uniswap protocol, meaning anyone will be able to exchange them for USDT in a completely decentralized way.
For making these transfers happen, Minter Hub validators got 1% of the fees. The fee for sending transactions to Ethereum will be paid by the user separately (this functionality is underway).
A few technicalities
Minter Hub is based on Cosmos SDK and a modified Peggy solution that’s developed by the Cosmos team.
Minter Hub is supported by validators, here’s what they launch on their servers:
- Minter node
- Ethereum node
- Minter Hub node
- Ethereum Orchestrator, software that monitors the events on the Ethereum network and broadcasts them onto Minter Hub. It’s also responsible for sending withdrawal transactions to Ethereum.
- Minter Orchestrator, software that monitors the events on the Minter network and broadcasts them onto Minter Hub. It’s also responsible for sending withdrawal transactions to Minter.
Mirrored coins are locked on the MultiSig accounts of Minter Hub validators up until they are requested to be withdrawn.
Why is this one of the most important milestones in Minter’s history?
1. Minter becomes the easiest way to enter the crypto space. Fast and cheap transfers for most digital assets, interfaces that are easy to understand.
2. The bigger number of transactions and bigger gains for validators and delegators. With the arrival of Minter 2.0, the fees will be adjusted to the market, meaning that returns from the fees might surpass those from generating new blocks.
3. BIP holders get an opportunity to benefit from the exchange operations inside Minter carried out via the Uniswap protocol.
4. HUB holders get 1% on the fees charged for transferring coins from Ethereum to Minter and vice versa.
5. Last but not least: all Minter-powered coins become exchangeable with USDT, ETH, BTC, and other digital assets. All that in five seconds and at super-low fees.
Tied to the U.S. dollar, fees will be one major thing to change once Minter 2 goes live ($0.01 for transfers, $0.03 for swaps, and $10 to $100,000 for creating coins).
Another is the ability to pay them with mirrored coins from other blockchains (USDT, USDC, wBTC, and others).
But how will the new economic model impact the earnings of validators and their delegators?
Learn More: https://medium.com/@MinterTeam/economics-of-minter-2-440aa09cb0fa
Another is the ability to pay them with mirrored coins from other blockchains (USDT, USDC, wBTC, and others).
But how will the new economic model impact the earnings of validators and their delegators?
Learn More: https://medium.com/@MinterTeam/economics-of-minter-2-440aa09cb0fa
Medium
Economics of Minter 2
How will Minternomics transform after the release of Minter 2?
As the team was directing all of its attention to getting Minter 2 and Minter Hub ready, January was a short yet very productive month.
Our latest round-up covers the process of sending coins from Minter to Ethereum and vice versa as well as a number of other dev-related details.
Our latest round-up covers the process of sending coins from Minter to Ethereum and vice versa as well as a number of other dev-related details.
Medium
Minter’s Month in Review — January 2021
January was a short, but very productive month for Minter. The main effort was focused on the development of Minter 2 and Minter Hub…
Minter 2 for traders
Once Minter 2 is live, you’ll be able to trade in leading cryptocurrencies and assets from any wallet of the network in a decentralized way, keeping complete control over your funds.
As always, Minter will have a number of advantages compared to other blockchains, e.g.:
– Very fast transactions (less than 5 seconds), which is especially important in trading
– Low fees: 3 cents per exchange + 0.2%
– Tokens at prices close to the market ones
– Wide choice of cryptocurrencies, tokens, and assets—from BTC and ETH to Tesla shares and oil
Even a $10 trade can be profitable as the fee will only be 5 cents. In case of arbitrage, you can already make profitable exchanges if a Minter-mirrored asset is trading at least 1% above/below the market.
By using the bridge to the Ethereum network (Minter Hub) and sending a single transaction, you can order liquidity of any volume.
For BIP holders and stakers, it all means additional demand and rewards due to the substantial increase in the amount of collected fees.
Yes, centralized exchanges charge lower fees (say, 0.1%). But you can never be sure that there’s been no wash trading or front-running before your order. Besides, many people have trouble withdrawing their funds, especially when things get bullish. And that’s not to mention hacks.
Once Minter 2 is live, you’ll be able to trade in leading cryptocurrencies and assets from any wallet of the network in a decentralized way, keeping complete control over your funds.
As always, Minter will have a number of advantages compared to other blockchains, e.g.:
– Very fast transactions (less than 5 seconds), which is especially important in trading
– Low fees: 3 cents per exchange + 0.2%
– Tokens at prices close to the market ones
– Wide choice of cryptocurrencies, tokens, and assets—from BTC and ETH to Tesla shares and oil
Even a $10 trade can be profitable as the fee will only be 5 cents. In case of arbitrage, you can already make profitable exchanges if a Minter-mirrored asset is trading at least 1% above/below the market.
By using the bridge to the Ethereum network (Minter Hub) and sending a single transaction, you can order liquidity of any volume.
For BIP holders and stakers, it all means additional demand and rewards due to the substantial increase in the amount of collected fees.
Yes, centralized exchanges charge lower fees (say, 0.1%). But you can never be sure that there’s been no wash trading or front-running before your order. Besides, many people have trouble withdrawing their funds, especially when things get bullish. And that’s not to mention hacks.
Forwarded from DeCenter – Blockchain and Bitcoin
Investors believe in DeFi with low fees!
🚀 After the announcement of decentralized trading’s arrival with the release of new Minter 2, BIP skyrocketed +200%, making it to the list of top gainers on CoinMarketCap.
In an upgraded blockchain, BIP will be used as a primary token when paying fees for exchanging leading cryptocurrencies (BTC, ETH, UNI, LINK, and many more) via pools, with the block time of up to 5 seconds and millions of transactions processed daily. Given the unpredictable nature of growth in Ethereum trading fees, Minter stands out by offering the constant fee of $0.03 and 0.2% charged by the pool per each trade.
Those willing to purchase BIP can do it, for example, at Bithumb Global.
🚀 After the announcement of decentralized trading’s arrival with the release of new Minter 2, BIP skyrocketed +200%, making it to the list of top gainers on CoinMarketCap.
In an upgraded blockchain, BIP will be used as a primary token when paying fees for exchanging leading cryptocurrencies (BTC, ETH, UNI, LINK, and many more) via pools, with the block time of up to 5 seconds and millions of transactions processed daily. Given the unpredictable nature of growth in Ethereum trading fees, Minter stands out by offering the constant fee of $0.03 and 0.2% charged by the pool per each trade.
Those willing to purchase BIP can do it, for example, at Bithumb Global.